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ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a concept. a concept. cnbc's amman javers. >> i'm great at losing gracefully. >> so am i. >> thank you for your insight and time. >> coming up from immigration to reproductive rights to fiscal krn. tea partiers have undermined the efforts of established republicans. who will win the great republican tug-of-war? we will discuss just ahead. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large pro
ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a...
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Feb 5, 2013
02/13
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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Jan 29, 2013
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summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i don't blame him. but it's easy to take a shot. but he can come here. r. he will be treated with respect. bill o'reilly -- he would never talk to sean. but sean would be respectful am but he doesn't, you know, he won't come here -- and -- >> the research has shown more democrats watch fox than republicans watch some of the other news networks. if you go back to the debt ceiling fight, one of the things that angered the white house was republicans were saying, repeatedly, the president hasn't put forth a plan. wais his plan to cut spending? the answer was, you a
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i...
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. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments when cash runs first, pay interest first, social security and active duty military pay. and measure offsetting new debt with the matching spending cut. >> no gimmicks or timing shifts but these would be real cuts and growth in federal spending. >> democrats blocked each amendment. the no budget no, pay act sent unauthorred to the president for promiseed signature. >> the motion carries. >> there is no break in the battle. new deadlines loom. unless the two parties agr
. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama...
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Feb 1, 2013
02/13
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and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing. we're on the 60-day clock and then on the 90-day clock. we need to get on a four and five-year clock. and that's why a budget and appropriations bills will make a difference, chuck. >> what are the chances, michael, of those things happening? >> well, you know, i think a long-term solution doesn't look very practical right now. and one reason is that members of congress like mr. blunt, republicans, are -- i think that it's more important not to give more ground on taxes than it is to create certainty. so i think e
and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government...
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Jan 31, 2013
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. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a p
. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk,...
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Feb 1, 2013
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the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support the idea than oppose it. the board of education in new it is town, connecticut, is requesting funding for armed police officers in four elementary schools for the next school year. in chicago, meanwhile, mayor rahm emanuel is moving 200 officers from desk duty to the streets amid the city's most violent months in decades. 42 people have been murdered this year including 15-year-old who was shot dead this week while hanging out with friends in a park. >> when any young person in our city is gunned down without reason, their death makes an impression on all of us. and it demands action from all of us. the loss of
the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support...
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>>> moments ago the debt ceiling compromise passed the senate. that's a fiscal crisis temporarily averted. it comes just a day after we learn that gdp, that's the mesh shush of how well our economy is performing, contracted by 0.1%. here is how some of the financial media covered it. quote, the best looking contraction in gdp you will ever see. and, quote, don't freak out about gdp. so what's going on here? less government spending happened. primarily in defense. that overshadowed more spending on the part of consumers and businesses, which is what these reporters were actually looking at. for more we go to jared bernstein a senior fellow on the center of budget and policy priorities and jonathan capehart a political opinion writer for "the washington post." welcome to both of you. >> thanks, karen. >> okay, jared. you know i like to come to you with these kinds of things. say what? it's good but it's bad? explain that one to me. >> well, sure. i mean, i already knew we were growing slowly. in fact, i'd say too slowly. i didn't think the economy
>>> moments ago the debt ceiling compromise passed the senate. that's a fiscal crisis temporarily averted. it comes just a day after we learn that gdp, that's the mesh shush of how well our economy is performing, contracted by 0.1%. here is how some of the financial media covered it. quote, the best looking contraction in gdp you will ever see. and, quote, don't freak out about gdp. so what's going on here? less government spending happened. primarily in defense. that overshadowed more...
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Jan 29, 2013
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the debt ceiling debate has been delayed for three months no. reason why the market can't keep running at this point just because there's no obvious catalyst to run into, but at some point, whether it's the revenue growth or something out of washington, you know, i think we'll -- we're due for a pause if not outright correction. >> fundamentals matter. >> sooner or later they do. >> please, go ahead. >> just going to mention two cautionary notes here. even though i'm pretty constructive on the economy i'll give you a good reason to worry about april sis the sequestering right? i think markets have gotten very comfortable with the washington dysfunction going on because they keep going up at the deadline and then fix the problem without damage to the economy and my sense is sequester happening, $100 billion out of the economy, is actually on the high side and i don't think that's built into the market and the other thing, the last time the market was at these levels, the size of the economy was only a little bit smaller than it was now, profits a
the debt ceiling debate has been delayed for three months no. reason why the market can't keep running at this point just because there's no obvious catalyst to run into, but at some point, whether it's the revenue growth or something out of washington, you know, i think we'll -- we're due for a pause if not outright correction. >> fundamentals matter. >> sooner or later they do. >> please, go ahead. >> just going to mention two cautionary notes here. even though i'm...
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and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy drinks? health correspondent betty ann bowser asks a psycho- pharmacologist. and on making sense, economist dean baker weighs in on the causes of rising economic inequality in the united states. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> brown: and i'm judy woodruff. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett fou
and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated...
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did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
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and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy drinks? health correspondent betty ann bowser asks a psycho- pharmacologist. and on making sense, economist dean baker weighs in on the causes of rising economic inequality in the united states. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> brown: and i'm judy woodruff. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett fou
and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated...
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Jan 30, 2013
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this week we expect to vote on a bill to extend the debt ceiling until this summer, a bill i'm very happy about it will not resort to what her previous efforts have done. this is the way things should work around here. i hope it's a vision of the future. it's far more common ground for democrats and republicans on the issues we face than people realize. certainly the last two years would suggest that it's incumbent upon us to seek the common good, the common ground rather than retreat the opportunity. i believe we've seen so far in this congress imposed software ability to deliver the middle class in coming months. we have big issues that hopefully we can resolve. we can face the difficult challenges ahead. [inaudible] i don't want you to stay here. we had a wonderful caucus today, where he taught about the work that's been done and 72 with immigration. we are far from having met john, but the work done by turbine, senator, bennett and menendez is very, very -- i'm very hopeful. the president is in las vegas today. he's put his arms around the four senators on the democratic side in repub
this week we expect to vote on a bill to extend the debt ceiling until this summer, a bill i'm very happy about it will not resort to what her previous efforts have done. this is the way things should work around here. i hope it's a vision of the future. it's far more common ground for democrats and republicans on the issues we face than people realize. certainly the last two years would suggest that it's incumbent upon us to seek the common good, the common ground rather than retreat the...
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Feb 2, 2013
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i think that is part of what we're seeing on the debt ceiling. the last fight over the debt ceiling back in the summer of 2011. it turned out to be a terrible self-inflicted wound. our debt got down
i think that is part of what we're seeing on the debt ceiling. the last fight over the debt ceiling back in the summer of 2011. it turned out to be a terrible self-inflicted wound. our debt got down
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Jan 29, 2013
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a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance to make the both leaner a more efficient. >> reducing the debt we eliminate an additional drag on the economy. so this isn't a conversation about austerity. it's a conversation about growth. and opportunity. >> republicans say part of getting the nation's fiscal house in order requires cutting government spending. democratic talking point this week is spending isn't the problem. it's the media. >> i am not going to keep cutting the discretionary budget which by the way is not out of control. despite what you hear on fox news. >> though this graphic from the office of management
a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance...
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over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate democrats to pass budgets. they have not done that during obama's first term. the measure says each chamber has to pass a budget by mid-april. sured either chamber fail, its member's pay would be withheld. here is harry reid talking about it and how it comes together today. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal
over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate...
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Feb 1, 2013
02/13
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caucus over the fiscal cliff debt ceiling taxing to be a walk in the park on sunday. while on a state level the g.o.p. extremists can't get out of the way from their own radicalism in virginia ken cucinelli or c uch has he is known. he writes, quote creating government dependency is the typical method of operation for big government statists. also to put a cher on on top of the dysfunction, the mississippi legislature has created a new law. an idea as archaic as it is unconstitutional. joining me now is rick unger whose piece we just quoted. thankthank you for being here. >> always a pleasure. >> always a pleasure having you. will it be an effective wedge to break open the g.o.p. they tried it in the 47% class it didn't work but now they're able to split the party. >> i think the democrats will have nothing to do with it. the republicans will do this all on which are own with an exist from the tea party. >> how so? >> this is a perfect setup for what was inevitable, and this is going to be the great shoot out at the o.k. corral. assume that this bill makes it to the s
caucus over the fiscal cliff debt ceiling taxing to be a walk in the park on sunday. while on a state level the g.o.p. extremists can't get out of the way from their own radicalism in virginia ken cucinelli or c uch has he is known. he writes, quote creating government dependency is the typical method of operation for big government statists. also to put a cher on on top of the dysfunction, the mississippi legislature has created a new law. an idea as archaic as it is unconstitutional. joining...
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ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures republicans oppose and we have had 6.1 million new jobs added in this economy and i think that the problems are we have to invest in education, make sure people have opportunities and make sure that the government doesn't pull back right now. >> what we also know is there are republicans who still strongly say and assert that the stimulus did not work and they do not believe in exactly what you just said. >> economists, the majority of those interviewed by "wall street journal" believes the stimulus works. 3 million jobs because of the stimulus and other thing is about the education thing
ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures...
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the senate has approved the house bill to extend the debt ceiling. it permits the government to borrow billions to avoid default. the bill will now go to president obama for his signature. that's what we know for now. >>> on to the next story, the virginia state senate, this came in the last half hour, has passed legislation making it illegal to smoke with kids in the car. the bill would prohibit smoking in a car with a child under the age of 15. drivers would be ticketed, same way they would for traffic. that goes to the house now. >>> "parks and rec" amy poehler gets a book deal. >>> kourtney kardashian's boy grind describes a luxurious life. >>> here's georgia alfredas, host of "the russ parr show." georgia, the "new york post" story about dan marino and this lovechild has broken. the child he supposedly had with a production assistant. >> the child is only 7-year-old. to the rest of us, this seems like the biggest kept secret in nfl, but according to him, he'sing taking care of this kid for seven years, taking responsibility. he took responsibili
the senate has approved the house bill to extend the debt ceiling. it permits the government to borrow billions to avoid default. the bill will now go to president obama for his signature. that's what we know for now. >>> on to the next story, the virginia state senate, this came in the last half hour, has passed legislation making it illegal to smoke with kids in the car. the bill would prohibit smoking in a car with a child under the age of 15. drivers would be ticketed, same way...
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Feb 3, 2013
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the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000 level. that's the action that people want to see. >> speaking of our president, he said during obamacare, oh, you're premiums wouldn't be raised. sorry, david. that's exactly what we are seeing -- >> when 2014 comes along -- [overlapping dialogue] >> americans are not able to keep their health insurance. another thing the president promised. >> i have to say, after an absence of david being out, with personal issues and health issues, we are glad to see you back. >> it's a pleasure to be back. >> happy to have you both. >> a bus transporting a philadelphia youth grou
the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000...
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. >>> the latest debt ceiling battle is over for now. tonight the senate approved a bill that will suspend the $16.4 trillion debt limit. montana senator said failure to pass that bill would have set off an unpredictable financial panic, the government would have gotten into its first-ever default if no action was taken. this is only temporary. another deadline could come up by august. >>> if there's not a new bill, the u.s. -- the joints chiefs send a letter to congress warning about budget cuts set to go in effect in march. they say aircraft would be grounded, and ships would have to return to port. they also expect to furlough 800,000 defense workers. >>> chuck hagel was put on the spot today, put into defensive motor. danielle leigh is on capitol hill. >> it was quite a long day. that hearing started at 9:30. it's just dmou wrapped up. it was the first time the former senator had publicly responded to some of the his staunchest critics. and he spent a lot of time clarifying, even retracting some of hess pastingses. early on they made
. >>> the latest debt ceiling battle is over for now. tonight the senate approved a bill that will suspend the $16.4 trillion debt limit. montana senator said failure to pass that bill would have set off an unpredictable financial panic, the government would have gotten into its first-ever default if no action was taken. this is only temporary. another deadline could come up by august. >>> if there's not a new bill, the u.s. -- the joints chiefs send a letter to congress...
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we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunctio
we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by...
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. >>> crisis averted, the house passed a bill in a suspended the debt ceiling in may. president obama will sign the measure so the government can keep borrowing and paying the bills for a few more months. >>> gas prices rising more than usual this year. trip 8a reported $3.42. and in january, $3.32, second only to last year's january average! >> the party is on hold. and the feds say they're opposed to the marriage of the world's two biggest beer companies. on one side, anhauser busch. and the makers of an still. they have plan to buy popular mexican beers, including the top selling import, corona. but they filed a lawsuit, arguing that merger would give just one firm control of half of the u.s. beer market, and the competition could drive up prices wherever they buy the stuff. aanhauser busch will fight it in court. >>> facebook users can send a gift card to their friends by mail, but you continue use the facebook card to have purchase anything on the website itself. rather, it's meant for other places like target. it's available on the online gift store, which hasn't
. >>> crisis averted, the house passed a bill in a suspended the debt ceiling in may. president obama will sign the measure so the government can keep borrowing and paying the bills for a few more months. >>> gas prices rising more than usual this year. trip 8a reported $3.42. and in january, $3.32, second only to last year's january average! >> the party is on hold. and the feds say they're opposed to the marriage of the world's two biggest beer companies. on one side,...
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Jan 31, 2013
01/13
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WRC
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it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus...
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Feb 2, 2013
02/13
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there's the fiscal cliff, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should spend now and worry about deficit reduction later. here it is. >> dashing spending when you still have depressed economy is really destructive. it's probably even counterproductive even in purely fiscal terms. we should be sustaining government spending until we have a stronger economic recovery. >> this is not a hard call. as long as we have 4 million people who have been unemployed for more than a year, this is not a time to be worrying about reducing the budget deficit. give me something that looks more like a normal employment situation and i'll become a deficit hawk but
there's the fiscal cliff, the debt ceiling. now the sequester. i mean, we're now talk about perhaps $85 billion in spending cuts in 2013 if they don't get their act together on the sequester. that's pointing exactly in the opposite direction. so the fed is kind of setting the table but not getting the support from the congress on the fiscal side. >> so given the looming debt ceiling limit here, this week on morning joe the "new york times" economist argued why the u.s. should...
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Feb 2, 2013
02/13
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FOXNEWSW
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ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game
ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never...
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Jan 30, 2013
01/13
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FOXNEWSW
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we don't have to deal with the debt ceiling again until august. that's what the treasury department is telling members of congress now. last week house republicans agreed to suspend the limit on how much the feds can borrow until the month of may. but treasury officials say they can take extraordinary measures to move around some money and keep paying the bills a bit longer. in the meantime. the two parties are still going at it over government spending. mike emanuel live on capitol hill tonight. republicans hammering democrats over that growing national debt, mike. >> well, that's right, bill. $16 trillion and counting. republicans say you cannot tax the wealthy enough to make a dent. a leading senate republican says president obama has talked a good game but has not delivered. >> when it comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he has been all talk and no action. what we have seen over the past four years as trillion-dollar deficits every single year, the debt has b
we don't have to deal with the debt ceiling again until august. that's what the treasury department is telling members of congress now. last week house republicans agreed to suspend the limit on how much the feds can borrow until the month of may. but treasury officials say they can take extraordinary measures to move around some money and keep paying the bills a bit longer. in the meantime. the two parties are still going at it over government spending. mike emanuel live on capitol hill...
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Feb 1, 2013
02/13
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MSNBC
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we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard & poor's, 1465. we're within striking distance of both. and that's a good sign. the stock market is performing well. the bond market is performing as expected, if the economy is recovering and so are other markets. and the indicators i look atom as, actually quite positive. none showing signs of strain, the future economic prospects better than the past. so for now markets are tell us things are all right. that may change sometime in the future but looks good at this at the moment. >> and ron made fun of my ravens -- >> absolutely. >> see this? ravens-theme note paper. >> running wild over these guys.
we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard &...